Three economists with an understanding of the industry say that construction has finally hit bottom across the board (retail, housing, office) and is poised to come back with double-digit growth in 2011.
Jeffrey Spivak gets the story for Urban Land Magazine, from a presentation by economists Kermit Baker, Kent Simonson, and Jim Haughey, all from Reed Construction Data. They report that 2011: "will be a growth year in single-family and multifamily housing, plus retail and hospital/laboratory commercial buildings, before construction spending takes off virtually across the board in 2012."
Haughey says that the economic climate is good, but developers have yet to act on the potential.
FULL STORY: 2011 Construction Outlook
Prefab Custom Homes: Urban Multi-Family Game Changer
Steve Glenn, CEO of Plant Prefab, shares how his company is infiltrating single and multifamily housing markets with custom designed prefabricated homes to deliver healthy and sustainable buildings by design and at scale.
'Gentrification' Is Not the Real Problem
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U.S. Home Construction Costs Are Higher Than Ever
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How the Trump Presidency Could Impact Urban Planning
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Research Affirms Safety of ‘Idaho Stop’
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Midburbs: A New Definition of Suburbs
When the name “suburb” just doesn't quite fit.
The Urban Heat Divide: Addressing LA’s Thermal Inequities
LA's thermal inequities leave low-income, minority neighborhoods disproportionately hotter and more vulnerable, prompting advocacy and policy efforts to address these disparities through green infrastructure and equitable climate investments.
Healing the Land: Collaborative Effort to Reclaim Orphan Well Sites
The Well Done Foundation and U.S. Fish and Wildlife Service are partnering to plug over 110 orphan wells across four National Wildlife Refuges, restoring habitats, protecting ecosystems, and reducing methane emissions.
The Apartment Through History
The humble apartment, as a typology, has been with us for millennia.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Placer County
Skagit Transit
Berkeley County
Chaddick Institute at DePaul University
HUDs Office of Policy Development and Research
M-NCPPC Prince George's County Planning Department
HUDs Office of Policy Development and Research
NYU Wagner Graduate School of Public Service